Friday, April 19

Beleaguered Bahamian cryptocurrency exchange, FTX, has filed for https://www.financemagnates.com/terms/b/bankruptcy/” target=”_blank” id=”41b3ef0d-d805-441d-8443-121890264e94_1″ class=”terms__main-term” rel=”noopener”>bankruptcy protection in the United States, and Sam Bankman-Fried, its Founder and CEO, has resigned.

The crypto exchange disclosed these on Friday, announcing on Twitter that the FTX Group has kick-started voluntary proceedings under Chapter 11 of the United States Bankruptcy Code in the District of Delaware…
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